President Cyril Ramaphosa

The South African rand weakened for a third day as traders awaited news on the appointment of a cabinet, almost a month after elections stripped President Cyril Ramaphosa’s party of its parliamentary majority. Negotiations on the…

South Africa will hold elections on May 29, President Cyril Ramaphosa said, setting the stage for a contest in which his ruling party faces the biggest threat to its national majority since coming to power three decades ago. A…